Saber Interactive secures investors to help clear debt to Embracer
Saber
Interactive
has
secured
investments
from
two
private
equity
firms
to
help
clear
its
debt
to
Embracer.
Aleph
Capital
Partners
and
Crestview
Partners
announced
a
“significant
equity
investment”
of
an
undisclosed
sum,
to
support
Saber
in
its
growth
initiatives
and
M&A
activity.
As
part
of
the
transaction
Jamie
Rahamim
(Aleph
managing
director
and
head
of
media)
and
Brian
Cassidy
(Crestview
president
and
head
of
media)
will
join
Saber’s
board
of
directors.
“Aleph
and
Crestview
is
a
testament
to
what
we
have
built,
and
more
importantly,
to
what
we
can
still
achieve
in
the
coming
years
as
creators
and
providers
of
some
of
the
best
game
content
in
the
world,”
said
Saber
CEO
Matthew
Karch.
“I
have
been
doing
this
long
enough
to
know
that
the
most
important
aspect
of
any
investment
is
who
your
partners
are,
and
I
can
state
with
tremendous
confidence
that
Jamie
and
Brian
and
their
respective
teams
at
Aleph
and
Crestview
are
the
right
fit
for
Saber’s
future.
Saber
was
acquired
by
the
Embracer
Group
in
2020
for
$525
million.
In
June
2023,
Embracer
announced
a
restructuring
program
after
Savvy
Games
Group
backed
out
of
a
$2
billion
deal
with
the
firm.
Earlier
this
year,
Saber
bought
itself
back
from
Embracer
in
a
deal
worth
up
to
$500
million.
